All MCA Insight articles in March 2022 – Page 3
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News
More work needed on tracking food waste
Only one fifth of operators currently track where their food waste comes from, according to a new survey by the Sustainable Restaurant Association and software provider Fourth.
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News
Spending exceeds pre-pandemic levels
Transaction volumes last weekend saw a significant rise as compared to the same weekends in 2019 and 2020, according to Barclaycard Payments
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News
Coco di Mama to make travel hub debut
The trial with Roadchef marks the next step in an evolution for the brand, which has diversified into new sales channels during the pandemic
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Analysis & Insight
St Patrick’s Day boost for drinks sales
Out-of-home drinks sales last week were up 7% on pre-pandemic levels, CGA’s latest Drinks Recovery Tracker reveals
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Analysis & Insight
End of moratorium will benefit smaller groups
Morris Greenberg, managing director CDG Leisure, said emerging companies would be able to take advantage of low premiums and fully fitted restaurants coming to market
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News
Honest Burgers amps up sustainability credentials
Co-founder Tom Barton discusses the brand’s recently launched plant-based spinoff V Honest, an effort to cut the brand’s reliance on meat products
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News
Bundobust eye more restaurants with breweries
Ahead of a planned York opening, Bundobust co-founders Mayur Patel and Marko Husak spoke about their ambitions for the brand at the R200 Conference last week
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News
In pictures: Retailers’ Retailer Awards 2022
MCA welcomed senior leaders of the eating and drinking out sector to The Guildhall on Wednesday to celebrate its success stories. Karen Jones won the award for overall leader of the year, while Roger Whiteside was recognised for his lifetime achievement
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News
Pandemic helped demonstrate strength of Greggs
Chief executive Roger Whiteside said the crisis had proved the resilience of its business model and that it was well placed to grow in the recovery phase
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News
Pubs Code changes coming in April
Changes to the Pubs Code, including to time limits for Market Rent Only negotiation and arbitration, will take effect from 1 April 2022, the government has said.
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Interviews
Red Oak Taverns: ‘We’re ready to push the accelerator’
CEO Mark Grunnell told MCA he would be “very disappointed” if the tenanted pub company did not beat its 2021 openings tally of 34 pubs this year
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News
Spring statement: Little meaningful support
The much hoped for extension of a lower rate of VAT for hospitality business failed to materialise in the Chancellor’s spring statement, with industry describing the decision as a “missed opportunity”
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News
Stonegate to press ahead with capex programme
Chief executive Simon Longbottom said the group is “in great shape” and that its conversions to its managed estate are delivering promising results
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News
Retailers’ Retailer Awards 2022 winners revealed
Nando’s, Dishoom and Leon were among the winners at the awards last night with Prezzo chair Karen Jones taking home the top accolade of Retailers’ Retailer of the Year.
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Opinion
Peter Martin: Creating happiness in a digital world
As costs rise, household incomes contract and price pressures loom we’ll need tech solutions to reduce costs, optimise operations and enable us to do more with less, writes Peter Martin
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Analysis & Insight
VAT: ‘We need a fair and sustainable system’
In anticipation of the Chancellor’s spring Budget statement this afternoon, operators tell MCA it’s critical that government extends the 12.5% VAT rate
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News
Tasty ‘cautiously optimistic’ about estate expansion
The operator of Wildwood and dim t restaurants said it expects to open around five to six new units this year, in a “measured expansion plan”, following a profit turnaround last year
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News
Bewiched Coffee looks to double in size
The Northampton-based operator, which just announced its first frachise partnership with Heart of England Co-operative Society, is aiming for a mix of both its own stores and franchises
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News
Revolution investing £2m to lift pay above minimum
The bar group said the initiative formed one of many commitments it was making to try and improve its attractiveness as a place to work, as well as to reward and retain existing staff
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Interviews
TRG: We won’t take customers for granted
Following The Restaurant Group’s full year results, CEO Andy Hornby tells MCA how delivery has plateaued at Wagamama, why he’s cautiously optimistic about the revival of concessions, and why the group won’t be hiking prices in line with inflation